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Petronas Dagangan FY25 net profit rises slightly to RM1.1 billion

KUALA LUMPUR: Petronas Dagangan Bhd’s (PDB) net profit for the financial year ended Dec 31, 2025 (FY25) edged up to RM1.10 billion from RM1.09 billion a year earlier.


In a filing with Bursa Malaysia, the company said revenue rose 1% to RM38.27 billion from RM37.95 billion, underpinned by a 2% increase in sales volume despite a 1% decline in average selling prices.


The retail segment’s revenue increased by RM253.4 million, or 1%, supported by a 6% rise in average selling prices, which offset a 4% decline in sales volume.


The commercial segment recorded a RM98.1 million, or 1%, rise in revenue, driven by a 12% increase in sales volume, mainly from growth in Jet A1 and diesel, which mitigated a 10% drop in average selling prices.


In contrast, the convenience segment’s revenue fell 12%, or RM33.0 million, to RM253.8 million, mainly due to lower merchandise sales.


For the fourth quarter, net profit rose to RM258.88 million from RM249.06 million a year earlier, while revenue climbed to RM10.58 billion from RM8.99 billion.


Quarterly revenue increased 18%, driven by a 9% rise in average selling prices and an 8% increase in sales volume.


The group declared an interim dividend of 26 sen per share and a special dividend of 20 sen per share for the quarter ended Dec 31, 2025, bringing total dividends for FY25 to 112 sen per share, representing a 100% payout ratio.


In a separate statement, managing director and CEO Azrul Osman Rani said FY25 marked a defining year for PDB, with the group playing a trailblazing role in supporting the government’s BUDI95 programme.


“Through the Setel app, we enabled seamless MyKad verification for BUDI95 eligibility, ensuring secure and convenient access for Malaysians in line with national initiatives,” he said.


Looking ahead, Azrul said PDB plans to broaden its portfolio with new offerings, including Blueshark electric two-wheelers and its first franchise quick-service restaurants featuring South African brands Steers and Debonairs, marking its expansion into the non-fuel segment.


He added that Visit Malaysia 2026, infrastructure investments under the 13th Malaysia Plan and the government’s focus on sustainability and energy transition are expected to create growth opportunities.


“PDB is well positioned to benefit from higher travel demand, improved road connectivity and the gradual shift towards cleaner mobility solutions,” he said. – Bernama

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